By Angela McDaniels
Tacoma, Wash., July 10 – Smith & Wesson Holding Corp. priced $75 million of 5% senior notes due 2018 at par, according to a company news release.
The company expects to use the proceeds for general corporate purposes, which could include vertical integration opportunities, capital investments, acquisitions and stock repurchases.
Smith & Wesson makes firearms and is based in Springfield, Mass.
| Issuer: | Smith & Wesson Holding Corp.
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| Issue: | Senior notes
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| Amount: | $75 million
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| Maturity: | 2018
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| Coupon: | 5%
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| Price: | Par
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| Yield: | 5%
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| Pricing date: | July 10
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| Settlement date: | July 15
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